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Autoline Industries Ltd Q1FY24; 27% fall in Profits

Established in 1996, Autoline Industries Ltd is a prominent auto components manufacturer and supplier to OEMs and other automobile companies. It manufactures sheet metal components, sub-assemblies and assemblies, Foot Control Modules etc.

Financial Results:

Autoline Industries Ltd reported Revenues for Q1FY24 of ₹149.39 Crores down from ₹179.89 Crore year on year, a fall of 16.95%.

Total Expenses for Q1FY24 of ₹148.03 Crores down from ₹178.10 Crores year on year, a fall of 16.88%.

Consolidated Net Profit of ₹1.26 Crores down 26.74% from ₹1.72 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.36, down 21.74% from ₹0.46 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Automobile
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